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Profit soars as Asia Asset Finance reports 110% growth
Asia Asset Finance, a Muthoot Group subsidiary, reported a 110% increase in Profit After Tax to Rs. 838.5 million for the first half of 2026. The company's total assets grew by 24%, with deposits up 37%. Prudent cost controls and asset allocation contributed to improved profitability.
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Summary
1.62 billion, while interest income increased 75% to Rs. 3.78 billion, with the company recording an annualised Return on Equity of 28.5%. 35.51 billion, reflecting continued customer confidence.
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